Space startup investor Seraphim Capital’s investment trust started trading on the London Stock Exchange July 14, raising about $250 million for larger international acquisitions.
Space startup investor Seraphim Capital’s investment trust aims to raise up to 180 million British pounds ($250 million) by listing shares on the London Stock Exchange.
Seraphim Capital plans to trade stakes it has amassed in space technology startups on the public market through an investment trust.
Early-stage space investor Seraphim Capital reportedly plans to list shares on London’s stock exchange, following a growing number of its own investments to the public markets.
Amazon Web Services is working with Seraphim Capital on a space accelerator program for startups.
Satellite operator Spire Global has unveiled the space-powered Big Data market’s second SPAC deal in just over a week, as the rush to public markets accelerates across commercial space sectors.
Space startups are becoming more acquainted with the U.S. government as a customer and an investor, though the pathways to both remain difficult, a panel of experts said Jan. 14.
Heavens Above: Seraphim Capital is the archangel of prosperity for ventures ‘collecting and communicating data from above’
Since Seraphim Capital established a dedicated space fund in 2017, European entrepreneurs who previously made a beeline for U.S. venture capital have started seeking investment closer to home.
The French space agency CNES plans to raise 100 million Euros ($1.16 million) by the first quarter of 2019 for CosmiCapital, a venture fund to support 50 European space-related startups.